Authorize.Net is what we've used for online payments and our internal subscription processing for over a decade. API is easy to use. Never really had any downtime. Rates are competitive. No one has come along and given us much of a reason to change.
Ask HN: How do you process payments?
11–20 of 167 posts
Re: Ask HN: How do you process payments?
#12Services work invoiced through Bonsai, typically paid via ACH with some credit cards mixed in. Stripe handles the ultimate money movement.
SaaS - mostly Stripe credit cards, with a tiny percent in PayPal.
Re: Ask HN: How do you process payments?
#13Authorize.net
Their fee structure is far cheaper for us than Stripe, who are scam artists and need to be disrupted. Stripe needs to reduce fees dramatically.
Re: Ask HN: How do you process payments?
#14We use MangoPay.
The customer service or tech support isn't as great as Stripe but they have a really intuitive model for marketplaces
Re: Ask HN: How do you process payments?
#15Bitcoin.
How many payments have you processed? I thought Bitcoin died as a payment medium. People have figured out that the overhead is only about $0.50 if you're willing to wait, but most consumer apps don't make it easy to default to the lower fee. (I haven't looked into this for some time, so that last paragraph is a bit dated.)
It is worth mentioning that today "you're willing to wait" actually means just some minutes.
I've actually started using BitCoin to pay for things recently and I was surprised to find out how easy and quick this actually is. This really is a no-bullshit electronic cash. No registration, no verification, no borders, quick and easy. I hope more goods and services are going to be offered for cryptocurrencies in future.
Re: Ask HN: How do you process payments?
#16Multiple businesses but most common is direct wire transfer/bank transfer. The smaller business: generate invoices, send them to the customer, customer has a few choices, the only international ones are IBAN or PayPal (adds fees). Most common used is direct bank transfer. AVG transaction: €2500. Larger business: mostly commerce payments, over 90% is iDEAL (Dutch native payment system - does instant wire transfers between Dutch banks), the rest is either Apple Pay or by invoice/manual bank transfer. Some sub-0.1% uses Credit Cards but it almost costs more to keep it available than the revenue it generates. In all cases we use native banking APIs, no middlemen/broker/processors, except Credit Card. AVG transaction: €50.
Re: Ask HN: How do you process payments?
#17Pin Payments, for cards.
They have an Australian focus but global capability. If you use a scheme card for Fastmail, you probably paid via Pin Payments.
Pin have a Stripe-like API but a small-team feel during contact i.e. we know one another by name, and when escalating a technical query I've had dialogue directly with a dev lead. I've even received hand-written Christmas cards from them.
I live in mortal terror of Pin being bought by Stripe, or (worse) an Australian financial institution, with all the consequences for competence and customer service level that follow.
We also handle bulk/large payments via CS2 (the Aus equivalent of ACH, for Usonian readers), with handling fee.
Re: Ask HN: How do you process payments?
#18Bitcoin.
How many payments have you processed? I thought Bitcoin died as a payment medium. People have figured out that the overhead is only about $0.50 if you're willing to wait, but most consumer apps don't make it easy to default to the lower fee. (I haven't looked into this for some time, so that last paragraph is a bit dated.)
At Olodolo.com we process a few payments a day through CoinPayments. Haven't had any issues.
Re: Ask HN: How do you process payments?
#19Earlier quoted context omitted.
How many payments have you processed? I thought Bitcoin died as a payment medium. People have figured out that the overhead is only about $0.50 if you're willing to wait, but most consumer apps don't make it easy to default to the lower fee. (I haven't looked into this for some time, so that last paragraph is a bit dated.)
It is worth mentioning that today "you're willing to wait" actually means just some minutes. I've actually started using BitCoin to pay for things recently and I was surprised to find out how easy and quick this actually is. This really is a no-bullshit electronic cash. No registration, no verification, no borders, quick and easy. I hope more goods and services are going to be offered for cryptocurrencies in future.
How do you deal with the price volatility?
Re: Ask HN: How do you process payments?
#20I am also interested in this question but would also love to know the average percentage people are paying. It’s always been interesting to me how stripe (and the like) are basically a premium over less polished tools like Authorize.net but are able to charge as much as a percentage point more for basically the same thing.
I’ve built payment integrations my entire 20 year career and have always appreciated how ease of use relates to cost, e.g. it’s hard to build tools as easy to use as stripe or Braintree, but I’ve wondered how these features play out when it’s so close to the actual money itself.